VINchain Update

March 6, 2020

Dear VINchain Community,

As the week comes to an end, it’s time for our weekly VINchain update. The amount of blockchain verified vehicle history reports grows and we are excited by this fact. We work hard to provide you with the best and most transparent information so you can be sure about your vehicle's history.

In the last 30 days there have been 344,642 reports that have been sold for 8,616,050 tokens. After the tokens that we have bought back run out, we will renew our token buyback initiative and we will resume buying back more tokens. This will increase the demand for tokens. Currently the supply of tokens at the exchange is less than the total monthly token consumption

A short reminder regarding the situation with IDAX exit scam. Some tokens were recovered from IDAX with the help of the Cointiger team. Those tokens are being stored in this wallet: https://wallet.vinchain.io/account/idax-refund. We will continue to collect all possible tokens that we can recover into this wallet. Please don't forget to send screenshots with your IDAX balance to info@vinchain.io. Besides screenshots with your balance (taken from your computer and indicating that it’s your account and not anyone else’s) from IDAX we remind you to send us screenshots and a LINK with withdrawals, so it will be visible where you were making those withdrawals so we will have an understanding where to send that tokens back if it will be possible. The example of the link to send us is as follows: https://blockexplorer.vinchain.io/#/txs/f41591f44bb56b7743d854aed7e98085f053c410.

Don’t miss a chance to join our announcement channel to stay up to date on all news and developments at: https://t.me/VINChainOfficialAnnouncements.

Have a great weekend everyone!